IDT (IDT) Scheduled to Post Earnings on Tuesday

IDT (NYSE:IDT) will release its earnings data after the market closes on Tuesday, October 8th. Investors interested in participating in the company’s conference call can do so using this link.

IDT Price Performance

Shares of IDT stock opened at $38.16 on Monday. The stock’s fifty day simple moving average is $37.46 and its 200 day simple moving average is $37.44. IDT has a one year low of $26.61 and a one year high of $41.58. The firm has a market cap of $966.94 million, a price-to-earnings ratio of 27.26 and a beta of 0.78.

IDT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, October 7th. Shareholders of record on Monday, September 30th will be given a $0.05 dividend. The ex-dividend date is Monday, September 30th. This represents a $0.20 dividend on an annualized basis and a yield of 0.52%. IDT’s dividend payout ratio (DPR) is presently 14.29%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded IDT from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 19th.

Insiders Place Their Bets

In related news, EVP Joyce J. Mason sold 7,570 shares of the company’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $37.25, for a total value of $281,982.50. Following the completion of the sale, the executive vice president now owns 12,996 shares in the company, valued at approximately $484,101. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, Director Eric F. Cosentino sold 800 shares of IDT stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $37.24, for a total transaction of $29,792.00. Following the transaction, the director now directly owns 551 shares of the company’s stock, valued at $20,519.24. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Joyce J. Mason sold 7,570 shares of the company’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $37.25, for a total transaction of $281,982.50. Following the completion of the sale, the executive vice president now owns 12,996 shares of the company’s stock, valued at approximately $484,101. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 15.00% of the company’s stock.

IDT Company Profile

IDT Corporation provides communications and payment services in the United States, the United Kingdom, and internationally. It operates through Fintech, National Retail Solutions, net2phone, and Traditional Communications segments. The company operates point of sale, a terminal-based platform which provides independent retailers store management software, electronic payment processing, and other ancillary merchant services; and provides marketers with digital out-of-home advertising and transaction data.